2h 9min, jun 16, 1987 y - The Law on Join Ventures
Description:
Allowed foreign ownership of no more than 49% of business. Although this had been extended to 100% by 1990.Also, the 1998 Law on state Enterprise aimed to decentralise authority and devolve decision making down to businesses and enterprises themselves.
Added to timeline:
Date:
2h 9min, jun 16, 1987 y
Now
~ 38 years ago